Greenwashing Hurts Brands More than It Helps, New Global Study Finds
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Greenwashing hurts brands more than it helps, new global study finds
New Delhi: Exaggerating or faking "green credentials" can lead to a drop in brand value by damaging the trust of consumers and discouraging sustainable shopping, a study by the Indian Institute of Management (IIM), Lucknow, has found. The research explored how deceptive green marketing, also known as "greenwashing," can create a negative impact on consumer trust, brand perception, and buying behaviour. Conducted in collaboration with researchers…
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